Godley Life Insurance
Life insurance is an important policy to have in order to financially take care of your loved ones at the time of your death. At Life Insurance by Monique Navarro, we help our customers find the best coverage options at the lowest rates. We can help you shop around since we are licensed, insurance brokers. Our agency is appointed with the most reputable life insurance providers in Godley.
Give our office a call today to see how you can get a life insurance policy to provide financial stability for your family. Our staff is highly trained and dedicated to delivering the best customer service. We will help you compare the many different types of life insurance to see which policy is right for you.
How to Pick a Life Insurance Policy
It can be difficult to pick a life insurance policy if you’re unfamiliar with the coverage options, benefits, and costs. Our insurance agency will help you understand the ins and outs of choosing a life insurance policy.
First, you must decide between a permanent life insurance policy or a temporary or term life insurance policy. Permanent policies last for the policyholder’s life, whereas term life insurance policies last a limited time, usually up to 30 years.
Next, you will need to decide what type of coverage and benefits you want from your plan. Do you want only to cover your burial expenses, do you want to provide for your family if you pass away unexpectedly, or do you want to provide for your family regardless of when you pass away? Additionally, some policies have a cash value, and some have more flexibility than others.
The price of your policy will depend on whether you choose a term or permanent policy, the length of the policy, and several other factors. If you’re looking for low cost life insurance to protect your family, call our office to arrange a no-obligation life insurance quote.
Term Life Insurance in Godley
Term life insurance plans are designed to provide financial support to your beneficiaries if you pass away unexpectedly. These plans do not hold any cash value, and there is not a death benefit payout unless the policyholder dies; however, some policies include a premium return at the completion of the policy. These policies are usually the most affordable life insurance option.
Permanent Life Insurance in Godley
There are several different types of permanent life insurance policies to choose from. The main difference between permanent policies is the benefits they offer.
Whole Life Insurance
You should consider a policy for whole life insurance in Godley if you want your policy to build a cash value. These plans are beneficial because policyholders can borrow against the cash value to pay off debts. While the premium costs are higher, these plans will last for the policyholder’s entire life.
Universal Life Insurance
Universal life insurance in Godley uses a portion of the policyholder’s premium to invest and earn money in the stock market. The different types of UIL life insurance will invest the money differently. These policies are beneficial because they provide the policyholder with the most flexibility. For example, you can pay your premium with interest earned from the investments.
Final Expenses Insurance
If you want to cover your end-of-life expenses so you don’t put a financial burden on your family, you should consider a final expenses life insurance policy in Godley. These plans can help pay for medical bills, burial costs, and more.
Call Life Insurance by Monique Navarro at (682) 249-4190 to get help choosing a life insurance policy that will meet your needs.